Business

AGEL Reports Strong Growth in Q3 FY24, Targets 45 GW Capacity by 2030

In Q3 FY24, AGEL reported a substantial 40 percent surge in revenue from power supply, reaching INR 1,765 crore, compared to INR 1,258 crore in Q3 FY23.

Business | January 29, 2024 | By Abha Rustagi |  2860 readings

NexWafe Expands to US with Plans for Multi-Gigawatt Solar Wafer Production

The company's newly established US subsidiary aims for an initial target production volume of 6 GW, utilizing NexWafe’s innovative EpiNex™ production...

Business | January 29, 2024 | By Abha Rustagi |  2700 readings

Inox Wind's 3 MW Wind Turbine Generator Receives Commercial Availability Status

The compact design of the turbine results in lower costs of production, transport and logistics, and installation, providing the company with a sustainable...

Business | January 29, 2024 | By Abha Rustagi |  3155 readings

REC and NIIFL Join Forces for Renewable Energy and Infrastructure Funding

The collaboration aims to provide a suite of funding solutions for Renewable Energy Projects and large-scale infrastructure projects across the country.

Business | January 29, 2024 | By Abha Rustagi |  2361 readings

Hitachi Energy India Demonstrates Robust Performance in Q3 2023

The company reported a solid YoY and QoQ revenue growth of 23 percent and 3.9 percent, respectively, reaching INR 1,276.4 crore in revenue for the quarter ending...

Business | January 25, 2024 | By Abha Rustagi |  2622 readings

BHEL Initiates Tender for 5 MW Solar Project at Haridwar Facility

Interested parties must submit bids by February 6, 2024, with an INR 30 lakhs earnest money deposit required.

Business | January 25, 2024 | By Abha Rustagi |  2071 readings

bp Appoints Murray Auchincloss as Chief Executive Officer

Murray, who has been interim CEO since September 2023, will continue as a member of the bp board. 

Business | January 25, 2024 | By News Bureau |  2252 readings

JSW Energy's Q3 FY24 Results Showcase Strong Growth

During the quarter, finance costs stood at INR 521 Crore, with the weighted average cost of debt at 8.58 percent, a slight increase from 8.51 percent in Q2...

Business | January 25, 2024 | By Abha Rustagi |  2747 readings

REC to Provide INR 1.2 Lakh Crore for Pradhan Mantri Suryoday Yojana Rooftop Solar Installation

The decision follows Prime Minister Narendra Modi's recent announcement of the scheme aimed at installing rooftop solar in one crore houses.

Business | January 24, 2024 | By Abha Rustagi |  2812 readings

Union Budget 2024: Wishlist of India’s Renewable Energy Industry

Finance Minister Nirmala Sitharaman is all set to present the Interim Budget 2024-25 on February 1. While the entire country eagerly waits for Budget 2024,...

Business | January 24, 2024 | By Anurima Mondal |  4991 readings

 
 
 
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